The outcome of your divorce will have a drastic impact on the rest of your life. It is critical that you avoid mistakes and focus on your future as your marriage ends. To help, here are a few common mistakes to keep in mind as you move forward:
Not calculating future costs
When deciding what to do with marital property, future costs are the key. For instance, you may love the idea of keeping the family home, but can you afford the mortgage on one income instead of two?
Picking the wrong battles
You’re not going to “win” every part of the divorce case. Compromise may become necessary. You need to know when to give a little and when to stand up for yourself. Start by identifying what matters most to you in the divorce.
Letting emotional attachments drive your actions
People often set themselves back because they care more about emotional attachments than what they really need. For instance, you may be tempted to keep the home because it’s your dream home, even when it’s not affordable and you know it. If you give up other important assets in order to keep that house, have you really made the best decision for your future?
Not understanding all of your legal options
While modifications to a court order are possible, the process is long and you may not always get the results that you want. This means that you really do need to consider all of your legal options the first time through so that you don’t overlook something critical.